Sansera Enginee. Q1 FY27 Results (NSE: SANSERA)
Signal: Growth reaccelerated
The read
The trajectory has strengthened materially: revenue growth accelerated from 24.7% YoY in Q3FY26 and 27.8% in Q4FY26 to 33.3% in Q1FY27, while the XBRL EBITDA margin reached 20.5%; the key proof point is whether the ADS-led non-auto mix and international growth can sustain margins after the ₹169 million litigation charge.
| Metric | Value | YoY | QoQ |
|---|---|---|---|
| Revenue | ₹1,021.26 Cr | 33.3% | N/A |
| EBIT | ₹147.56 Cr | 53.5% | |
| Net profit | ₹86.57 Cr | 39.1% | |
| EPS | ₹13.89 | 38.2% | |
| EBIT margin | 20.5% |
P&L walk
Consolidated revenue rose 33.3% YoY to ₹1021.26 Cr and EBITDA rose 45.7% to ₹209.5 Cr, while EBIT increased 53.5% to ₹147.56 Cr; reported PAT grew 39.1% to ₹86.57 Cr after the litigation exceptional item.
Segments
The parent generated ₹911.17 Cr of standalone revenue, up 36.4% YoY, versus consolidated revenue of ₹1021.26 Cr, while standalone PAT of ₹86.68 Cr was virtually equal to consolidated PAT of ₹86.57 Cr; subsidiaries added ₹110.09 Cr of revenue but negligible incremental reported profit.
Key positives
- Revenue reached a record ₹1021.26 Cr, up 33.3% YoY, accelerating from 27.8% YoY in Q4FY26.
- International business grew 71.4% YoY, including exports to other foreign countries increasing more than 3x, exports to the USA nearly doubling and Europe growing 32.1%.
- Non-auto sales grew 129.9% YoY to reach 20.8% of mix, led by ADS sales increasing more than 3x YoY; ADS backlog stood at ₹44,368 million.
- EBITDA grew 45.7% YoY to ₹209.5 Cr against 33.3% revenue growth, while EBITDA margin was 20.5%, extending the margin expansion seen in Q3FY26 and Q4FY26.
Key concerns
- Reported PAT of ₹86.57 Cr grew 39.1% YoY but included a ₹169 million litigation settlement exceptional item; management's normalized PAT was ₹1,000 million, up 59% YoY, so reported earnings understate underlying operating momentum this quarter.
- FY27 guidance of high-teens topline growth is below Q1FY27's 33.3% YoY revenue growth, making continued execution and conversion of the ₹18,493 million non-ADS order book important.
Research and educational content only. Not investment advice.